GL Limited
GuocoLeisure Holdings' offer for GL closes with 95.62% valid acceptances
GUOCO Group unit GuocoLeisure Holdings' offer for hotel operator GL has closed with valid acceptances representing 95.62 per cent of the total number of GL shares, GL said in a filing on Thursday nigh...
GL buyout offer crosses threshold for compulsory acquisition
THE Guoco Group unit looking to take hotel operator GL private has amassed enough valid acceptances to cross the 90 per cent shareholding threshold for a compulsory acquisition.
Brokers' take: Lim & Tan says 'reasonable' for GL shareholders to accept S$0.80 final offer
LIM & Tan Securities on Tuesday said it was "reasonable" for GL shareholders to accept Guoco Group's final offer price of S$0.80 per share, even though the revised price was nearly a third lower than ...
Guoco Group unit raises offer price for GL by 14.3% to S$0.80 per share
THE Guoco Group unit looking to take GL private has raised its offer price by 14.3 per cent or S$0.10 to S$0.80 per offer share, from S$0.70 previously.
Guoco Group extends closing date for offer to take GL private
THE Guoco Group unit looking to take GL Ltd private has extended the closing date for its voluntary conditional cash offer by two weeks to 5.30 pm on March 18.
Tougher delisting rules have little impact on Guoco Group's bid for Bermuda-registered GL
A wholly-owned unit of Guoco Group owns 73.67% of GL's shares and is accepting the offer
Sias requests offer price revision, two-week extension for GL offer
INVESTOR watchdog Securities Investors Association (Singapore), or Sias, has called for GL's offeror to " seriously reconsider" improving the offer price to reflect the true value of GL.
Delistings dash shines light on opportunity to lubricate these deals and exploit loopholes
Investors should observe post-scheme-meeting trading of Sunningdale; GL-Guoco deal juxtaposed with tighter delisting rules
Privatisation bid for GL 'not fair but reasonable': IFA
GUOCO Group's offer to take GL private at S$0.70 has been deemed "not fair but reasonable" by GL's appointed independent financial adviser, W Capital Markets.
GL has deeper value than just 70¢ a share: analysts
They contend company's 18 hotel assets are 'highly undervalued'
